What do lending institutions look for?
Cash flow is the difference in amountof cash available at the beginning ofa period (opening balance) and theamount at the end of that period(closing balance).
Besides banks,who are the lenders?
Big banks are defined as banks with more than $20 billion in assets.Among them are Bank of America, J.P. Morgan Chase, Citigroup and Wells Fargo.
All loans are not created equal
Identifying what type of loan you need for your business is imperative. Borrowers should understand the differences between the following.